Commodities: Gold clambers back above $1,200/oz.
Precious metals were wanted as Trump´s emphasis on trade protectionism in his first few days in office weighed on Treasury yields, sending the Greenback lower.
The downdraft in the US currency was enough for the front-dated COMEX gold contract to clamber above the $1,200/oz. mark again, to $1,215.50/oz., for a daily advance of 0.88%.
Spot platinum was the odd man out, edging lower by 0.05% to $977.75/oz.
As of 1838 GMT the US dollar spot index was down by 0.48% to 100.27 while Bloomberg´s commodity index was up by 0.24% to 88.59.
Energy futures on the other hand were trading on a mixed note, with RBOB gasoline advancing 0.47% to $1.5734 a gallon on NYMEX, while similarly-dated natural gas futures edged up 0.50% to $3.22/MMBtu.
Brent futures for prompt month delivery were down 0.11% to $55.43 a barrel on the ICE.
It was generally an up day meanwhile in the agricultural futures pits, with the ICE-traded Cotton #2 contract tacking on 2.19% to 74.64 US cents, while cocoa futures bounced back 1.17% to $2,165 a metric tonne.